2023
Exports
$168kWorld Rnk 34 / 108
Flag Rnk 1057 / 1202
2023
PRODUCT COMPLEXITY IN Ground Nut Oil
-2.11Rnk 1006 / 1025
2023
Imports
$1.6MWorld Rnk 21 / 183
Flag Rnk 1008 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $168k in Ground Nut Oil, making it the 34th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1057th most exported product in Singapore. The main destination of Ground Nut Oil exports from Singapore are: Netherlands ($144k), Malaysia ($16k), Indonesia ($4.16k), Australia ($1.62k), and New Zealand ($1.13k).

The fastest growing export markets for Ground Nut Oil of Singapore between 2022 and 2023 were Netherlands ($144k), Malaysia ($7.86k), and New Zealand ($1.13k).

Imports In 2023, Singapore imported $1.6M in Ground Nut Oil, becoming the 21st largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1008th most imported product in Singapore. Singapore imports Ground Nut Oil primarily from: India ($1.02M), Malaysia ($284k), Belgium ($118k), China ($47.7k), and Italy ($39.2k).

The fastest growing import markets in Ground Nut Oil for Singapore between 2022 and 2023 were India ($149k), Malaysia ($126k), and Germany ($18.5k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ground Nut Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$168k
IMPORTS (2023)$1.6M
NET TRADE (2023)-$1.44M

In 2023, Singapore exported $168k in Ground Nut Oil. The main destinations of Singapore exports on Ground Nut Oil were Netherlands ($144k), Malaysia ($16k), Indonesia ($4.16k), Australia ($1.62k), and New Zealand ($1.13k).

In 2023, Singapore imported $1.6M in Ground Nut Oil, mainly from India ($1.02M), Malaysia ($284k), Belgium ($118k), China ($47.7k), and Italy ($39.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Netherlands$144k (1%)
Malaysia$7.86k (96.7%)
New Zealand$1.13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Singapore WERE (2022 - 2023):
United Kingdom-$96.5k (-100%)
Philippines-$31.1k (-99.4%)
Cambodia-$2.99k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Ground Nut Oil were:
In 2023, Singapore's main importing competitors in Ground Nut Oil were:

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $7.33k
TOP IMPORT POTENTIALIndia+ $239k

Ground Nut Oil’s highest export potential is Malaysia. With an export gap of $7.33k.   Ground Nut Oil’s highest import potential is India with an import gap of $239k.

See methodology.

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